Chris Leithner's Letter No. 192-193 titled, "The Power Of Stoic Thinking: Why Investors Welcome Panics, Crises And Bear Markets [Part I]"
Man is troubled not by events, but by the meaning he gives them. … What, then, is to be done? To make the best of what is in our power, and take the rest as it naturally happens.
Epictetus
Discourses 1.1.17
Stocks are crashing, so you turn on the television to catch the latest market news. But instead of CNBC or CNN, imagine that you can tune in to the Ben-jamin Graham Financial Network. … The anchorman announces brightly: “stocks became more attractive yet again today, as the Dow dropped another 2.5% on heavy volume – the fourth day in a...
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